10/79 West Street Hadfield VIC 3046

10/79 West Street Hadfield VIC 3046
Near-new townhouse | three-level layout with study | 93sqm lot | private sale corridor | strong rental yield potential This property offers a rare configuration advantage in the Hadfield market: a near-new three-level townhouse with a ground-floor study nook and full bathroom, which effectively separates living from sleeping zones. For a buyer seeking low-maintenance modern living with functional separation, this floorplan outperforms typical two-storey units in the same price band. The 93sqm lot is compact but efficiently used, and the rental estimate of $650 per week suggests a gross yield near 4.7 percent at the lower end of the price guide, which is competitive for the area. The property is best suited to owner-occupiers who value layout over land area, or investors targeting the professional tenant demographic drawn to the study and NBN FTTP connectivity. The primary risk is the narrow lot and three-level design, which may limit appeal to downsizers or families with mobility concerns. The price guide of $680,000โ€“$720,000 sits at the upper end of recent comparable sales for two-bedroom townhouses in Hadfield, so buyers should verify whether the study and finish quality justify a premium over similar stock. The property has only been on market for six days, which may indicate limited price discovery or a vendor testing the market. A buyer should commission a building inspection to confirm construction quality, given the near-new age. For an owner-occupier, this is a functional long-term home; for an investor, hold for rental income and capital growth tied to Glenroy Secondary College zoning.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Hadfield presents as a family-oriented suburb offering relative affordability within Melbourne’s northern corridor, with a premium housing segment. Demand is anchored by owner-occupiers seeking value, supported by a tight rental market. Recent house price growth has been solid, though the market shows signs of normalising with increased selling times. Future prospects are underpinned by its established character, yet sensitivity to broader rate cycles and a cooling auction market present near-term constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

93mยฒ

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